UnknownUnicorn5478134

US Equity Market Sell off soon. Dow Jones, S&P 500, Nasdaq.

Short
Historically when the Nasdaq out performs the S&P 500 and Dow Jones disproportionately it is followed by a relatively significant sell off. We saw equity markets sell off last week could see some more selling and profit taking in the stock market this upcoming week. Meanwhile Gold looks towards a new all time high. The US also is awaiting a potential new stimulus package. One thing to consider is if congress will extend the unemployment benefits which could also effect the markets.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.